Blowing Up the Forecasting Process

June 20, 2011

In an ever volatile world, effective planning and forecasting starts with understanding what the operational drivers are in any organization. Scott Brennan, Accenture’s director for the Enterprise Performance Management practice, talks with Business Finance chief editor Peter Alpern about the necessary tools and technologies to gauge future performance, how they are best integrated and why more efficient and accurate planning, budgeting and forecasting begins by blowing up the process.

For more, don't miss Business Finance's interview with Scott Brennan, Q&A: Bringing a Dynamic Approach to Forecasting, and Brennan's article, In Volatile Times, Traditional Planning and Forecasting Falls Short .

Expert

TypeCreated

Sponsored

TypeCreated

It's really great to hear

It's really great to hear from a successful re presenter like Scott Brennan. He is one of the best Accenture’s director so far and I will definitely follow his tips. I specially liked his tips about What To Do When You're Bored

It started with her going

It started with her going around asking everyone how many cups of coffee they were consuming from the break room and telling us we were only allowed two a day so not to abuse the service. Briquette Presses

All the contents you

All the contents you mentioned in post are too good and can be very useful. I will keep it in mind, thanks for sharing the information, looking forward for more posts.Thanks
contemporary doors

All the contents you

All the contents you mentioned in post are too good and can be very useful. I will keep it in mind, thanks for sharing the information, looking forward for more posts.Thanks
custom doors

Thanks, I was looking for

Thanks, I was looking for information and your blog really helped me.
Die Steel Supplier

Blowing Up the Forecasting Process

Forecasting is one of the main processes of increasing the level of the organization. Good video, totally agree.

Real post, These days I am

Real post, These days I am reading a lot about this topic because I have my essay writing project due on this weekend, I am glad that i found some very useful information and great help to complete my assignment on time, Thanks a lot.
wood doors

Thanks for posting this good

Thanks for posting this good video, completely agree with the author.
adobe creative suite standard

Tools

I agree with the video that you can use any number of tools to gather data for financial projections. The problem often is with the owners or employees properly entering the data for future use. Often we get busy thinking we will get to it later, only to put it off until it just does not get done. This can kill your projections.

Tools

Analysts use these tools all the time to gather data for forecasting, the tip is to keep on top of it and not totally swamped by the data.

Tools

I analyse data for a law firm in the city of London, if you do not keep on top of it you could easily spend your life looking at reams of data.

no need to cut 10% just

no need to cut 10% just invest in other areas! I couldn't agree more with that.